(IN BRIEF) Fortum has completed its acquisition of Orange Energia Sp. z o.o. in Poland for up to PLN 120 million (EUR 28 million), paying about PLN 90 million in cash at closing and deferring the remainder to early 2029 … Read the full press release
(IN BRIEF) ANDRITZ and Norske Skog Skogn will convert PM1 at the Skogn mill into a dual-mode line for newsprint and the new NOR Book grade, targeting a top-three European market position. Startup is planned for Q2 2026. The upgrade … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Andritz, book paper, European book paper market, Krefeld trials, low CO₂ emissions, Multi Master Control System, newsprint, NOR Book, Norske Skog Skogn, Paper Machine 1, partnership, Peder Lutdal, PM1 conversion, PrimeRoll MHV, Q2 2026 start-up, sustainable book paper, thermo-mechanical pulp, Ville Nikkanen, virgin fiber
(IN BRIEF) Between 1 and 6 July, the EPSRC Centre for Doctoral Training in Future Ultrasonic Engineering (FUSE CDT)—a collaboration led by the Universities of Glasgow and Strathclyde, with support from Dundee and King’s College London—will showcase its ultrasound research … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Science, Technology, United Kingdom
Tagged EPSRC Centre for Doctoral Training in Future Ultrasonic Engineering, focused energy extraordinary ultrasonics, FUSE CDT, interactive demonstrations, James Windmill, King’s College London, medical ultrasound applications, Royal Society Summer Science Exhibition, Sandy Cochran, ultrasonic engineering, ultrasound technology, University of Dundee, University of Glasgow, University of Strathclyde
(IN BRIEF) Škoda has launched local assembly and sales of the Kushaq in Vietnam, becoming the first Škoda model built in the country from CKD kits supplied from India. The new Thanh Cong Group joint-venture plant, opened in March 2025, … Read the full press release
Posted in Automotive, Business, Czech Republic, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged 000 km testing, 330, CKD assembly, climate trials, dealership expansion, Experience Centre, Hanoi, KAROQ, KODIAQ, Mladá Boleslav, partnership, plant opening, ŠKODA AUTO, Škoda Kushaq, Slavia, Thanh Cong Group, Vietnam
(IN BRIEF) Azimut Group and Eni Next will co-launch a €100 million ELTIF in September 2025 to invest in pioneering “clean tech” ventures, particularly U.S. startups scaling decarbonization, energy efficiency, sustainable mobility, and circular-economy solutions. The Luxembourg-based fund, operating under … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, Marketing, News, Technology
Tagged Azimut Group, circular economy, Clara Andreoletti, clean tech, cross-border distribution, decarbonization, ELTIF 2.0, energy efficiency, Eni Next, Giorgio Medda, global energy transition, Luxembourg, partnership, private markets, sustainability, sustainable mobility, U.S. startups, venture capital, €100 million fundraising target
(IN BRIEF) The European Investment Bank and CAF Development Bank of Latin America and the Caribbean signed a memorandum of understanding in Seville, pledging to deepen their cooperation on high-impact projects across Latin America and the Caribbean. Formalized by EIB … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged advisory services, biodiversity preservation, CAF Development Bank of Latin America and the Caribbean, CELAC finance ministers, CELAC-EU summit, Climate Action, climate resilience, environmental sustainability, equity investment, European Investment Bank, Financing for Development Conference, Global Gateway strategy, green economies, joint financing, knowledge transfer, LACIF, Latin America and Caribbean Investment Facility, loan guarantees, Memorandum of Understanding, Nadia Calviño, partnership, Santa Marta, Sergio Díaz-Granados, sustainability
(IN BRIEF) Vodafone and AST SpaceMobile are launching SatCo, a Luxembourg-based joint venture to deliver space-based cellular broadband directly to unmodified smartphones across Europe. With interest from operators in 21 EU countries and commercial roll-out starting in 2026, SatCo will … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, Marketing, News, Technology, Telecom, United Kingdom
Tagged 120 Mbps peak speeds, 4G/5G integration, Abel Avellan, AST SpaceMobile, digital sovereignty, direct-to-device broadband, Elisabeth Margue, ground station network, LEO satellites, Lex Delles, Luxembourg headquarters, Margherita Della Valle, partnership, SATCO, satellite connectivity, seamless handover, University of Málaga research hub, Vodafone Group
(IN BRIEF) On July 1, 2025, Deutsche Telekom will launch T Cloud, a unified cloud platform marketed jointly by Telekom Deutschland and T-Systems. Lars Neumann will head the initiative, managing sales and development of all public, private, and hybrid cloud … Read the full press release
Posted in Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, Telecom
Tagged B2B, cloud portfolio, cloud strategy, Deutsche Telekom, digital transformation, European cloud compliance, European sovereignty, Ferri Abolhassan, hybrid cloud, Lars Neumann, Made in Germany, network integration, private cloud, public cloud, Rodrigo Diehl, Sovereign Cloud, T Cloud, T-Systems, Telekom Deutschland
(IN BRIEF) Orange Business has inaugurated a dedicated Defense & Security Division (DD&S) to strengthen its support of defense and homeland security entities in France and Europe. Formed under the “Lead the Future” plan, DD&S consolidates several hundred specialists to … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Security & Safety, Technology, Telecom
Tagged 5G network, Aliette Mousnier-Lompré, artificial intelligence, civilian-military hybrid networks, Cybersecurity, data sovereignty, Defense & Security Division, digital transformation, Direction Défense & Sécurité, emergency communications, Lead the Future plan, Nassima Auvray, Orange, Orange Business, Orange CyberDefense, quantum technologies, resilience, satellite antennas, submarine cables, terrestrial fiber
(IN BRIEF) GFT Technologies has been appointed strategic software partner to NEURA Robotics, a leader in cognitive robotics. Building on a successful proof-of-concept for a next-generation software platform, GFT will leverage its expertise in data, AI, and high-performance computing to … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Technology
Tagged artificial intelligence, autonomous machines, cognitive robotics, data engineering, David Reger, digital innovation, GFT Technologies, high-performance architecture, Marco Santos, NEURA Robotics, partnership, physical AI, Responsible AI, software platform, software-hardware integration, strategic partnership, Stuttgart
(IN BRIEF) Dürr AG has agreed to sell its environmental technology business, Clean Technology Systems Environmental, to a Stellex Capital affiliate for an enterprise value of about €385 million, with net proceeds of roughly €250 million earmarked for debt reduction … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged 12 countries, 16 locations, 2024 revenues €407 million, automation strategy, carbon capture, Clean Technology Systems Environmental, debt reduction, divestiture, Dr. Jochen Weyrauch, Dr. Sebastian Baumann, Durr AG, exhaust air purification, group simplification, heat storage, Karthik Achar, partnership, reinvestment, sound insulation systems, Stellex Capital Management, sustainability, €250 million net proceeds, €385 million enterprise value
(IN BRIEF) Schaeffler is piloting GPS-enabled smart boxes to improve visibility and environmental monitoring for large bearing shipments in the wind power sector. Building on its reusable Euro-pallet–sized boxes introduced in 2021, the company has equipped around 300 containers with … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged acceleration, Bearings & Industrial Solutions, digital traceability, environmental monitoring, Euro pallet dimensions, GPS trackers, humidity, IoT platform, large size bearings, logistics optimization, modular packaging, reusable transport containers, Schaeffler, Slawomir Maiczek, smart box system, SmartMakers, temperature, wind power sector
(IN BRIEF) Brenntag has partnered with Wissensfabrik to back STEM education in German schools through financial aid and operational support for practical workshops and teaching materials. This collaboration, kicking off in 2025, enhances Brenntag’s ongoing educational initiatives and contributes to … Read the full press release
Posted in Business, Chemicals, Education, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Science, Technology
Tagged Brenntag, chemical distribution, Dr. Christian Kohlpaintner, education partnership, Germany, Hands-On Learning, INNOVATION, Mathias Haase, partnership, practical workshops, school visits, skilled-worker shortage, STEM education, trainee programs, university collaborations, Wissensfabrik – Unternehmen für Deutschland e. V.
(IN BRIEF) Since 2018, over 2,500 Mercedes-Benz eCitaro electric buses have been delivered from Mannheim, serving cities across Europe. The line now includes solo, compact, and articulated models with battery capacities up to 686 kWh, fuel-cell range-extenders, and an upcoming … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged 300 kW charging, charging rails, Daimler Buses, Digital Services Package, European public transport, Frontguard Assist, fuel-cell range extender, H₂ mode, low-floor electric bus, Mannheim production, Mercedes-Benz eCitaro, Mirko Sgodda, MirrorCam, NMC3 batteries, NMC4 batteries, pantograph, partnership, Sideguard Assist II, sustainability, Thermal Management, Zero-Emission Buses
(IN BRIEF) Jewson has launched a cutting-edge Croydon branch designed on STARK Group’s “branch of the future” model, featuring an expanded product range and an optimized floorplan for quick selection and availability checks. This addition cements STARK’s UK growth strategy, … Read the full press release
Posted in Construction, Denmark, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged branch of the future, building materials, Craigentinny hub, Croydon branch, customer experience, Farnborough, Jewson, logistics, Luton opening, net zero by 2050, partnership, professional builders, purpose-built facility, science-based targets, SKUs, Stark group, tradespeople, UK expansion, UN Global Compact
(IN BRIEF) Logicor’s fourth “Race’n’Raise” cycling event raised over 40,000 PLN for the Roman Czernecki Educational Foundation’s Horizons Scholarship Program. The 300 km route spanned from Kazimierz Dolny to the Świętokrzyski National Park. Since its inception, the initiative has donated … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Investment, Management, Marketing, Media, News, Poland, Real Estate, Transportation & Logistics, United Kingdom
Tagged "Race'n'Raise", 000 PLN, 300 km route, 40, charity cycling tour, educational access, EFC Foundation, Europe, Horizons Scholarship Program, Igor Czernecki, Kazimierz Dolny, Logicor, logistics real estate, mentoring, Michał Ptaszyński, partnership, Poland, Roman Czernecki Educational Foundation, small-town students, student support, Świętokrzyski National Park
(IN BRIEF) CVC DIF and Tabreed are set to acquire PAL Cooling Holding from Multiply Group for about AED 3.8 billion, consolidating eight long-term district cooling concessions across Abu Dhabi’s main island and Al Reem Island. Five existing plants provide … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Abu Dhabi Department of Energy, Abu Dhabi main island, ADGM free zone, AED 3.8 billion equity, Al Reem Island, Aldar Properties, concession agreements, CVC DIF, CVC infrastructure strategy, district cooling, Imkan, infrastructure investment, Modon, Multiply Group, PAL Cooling Holding, partnership, pipeline expansion, refrigeration tons, sustainable cooling plants, Tabreed
(IN BRIEF) As of 1 July 2025, the ORLEN Group has fully phased out Russian crude oil following the expiry of its last Rosneft contract, marking a key milestone in regional energy security. Under CEO Ireneusz Fąfara’s leadership, ORLEN’s refineries … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Poland, Technology
Tagged Czech Republic, Druzhba pipeline, energy diversification, energy security, global crude sourcing, Ireneusz Fąfara, Kralupy refinery, Lithuania, Litvínov refinery, non-Russian feedstock, ORLEN Group, partnership, Poland, Rosneft contract expiry, Russian crude elimination, strategic infrastructure upgrades, sustainability, Transalpine Pipeline TAL, transmission system operators